Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8,003 | $7,999 | $8,529 | $8,179 | $8,726 |
| Gross Profit | $3,139 | $2,701 | $2,802 | $3,115 | $3,385 |
| Operating Income | $1,387 | $1,024 | $158 | $1,306 | -$674 |
| Net Income | $876 | $632 | -$91 | $744 | -$1,231 |
Over the five-year period, The J. M. Smucker Company’s revenue has remained relatively stable, hovering between approximately $8.0 billion and $8.7 billion. The gross profit exhibited some fluctuations, with a high of $3.1 billion in 2021 and 2024 and a slight dip to $2.7 billion in 2022, before recovering and then reaching $3.4 billion in 2025. However, operating income and net income trends tell a more volatile story. In 2021, operating income stood at $1.39 billion and net income at $876 million. Both figures experienced declines in 2022—with operating income dropping to $1.02 billion (a decrease of roughly 26%) and net income decreasing to $632 million—suggesting some pressures on operational efficiency. A notable swing occurred in 2023 when operating income dramatically fell to $157.5 million and net income turned negative at -$91.3 million, marking a significant year-over-year decline likely driven by cost pressures or operational disruptions. Although there was a recovery in 2024, with operating income rebounding to $1.31 billion and net income climbing to $744 million, the rebound was short-lived as 2025 data shows a reversal with operating income plunging to -$673.9 million and net income falling further to -$1.23 billion. This volatility, particularly the recurrent substantial downturns in operating and net margins, raises concerns about the sustainability of earnings despite steady revenue. In the context of a competitive food and consumer goods industry, these swings may signal underlying operational challenges or market uncertainties that warrant further scrutiny for long-term financial health.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.